CEE GRI 2026

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Gabriel Ferraz Di Mauro
Gabriel Ferraz Di Mauro
Portfolio Director - CEEGRI Institute
Poland

About CEE GRI 2026

CEE’s real estate market seems to have a few hidden gems to overcome current challenges and achieve success. Join us at CEE GRI 2026 to share insights and source deal flow among the most senior and accomplished real estate leaders active across the region.

In its 20th edition, CEE GRI is stronger than ever. The discussions will cover doubts about investor appetite, inflation, foreign capital flow and asset resilience as they are looming large and adding to the prevailing uncertainties in the market. But despite these challenges, CEE appears to show resilience when compared to other European countries. What is the forecast of the real estate market and where can we find the best investment opportunities?

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CEE GRI 2026

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Opening Talkshow I 09:00-10:00

CEE Capital Flows 2026

  • Who’s the bid? - Which buyers are active now, at what return targets, and in which CEE markets first?
  • Rates & Pricing - How do 2026 rate/inflation paths translate into required yields by country?
  • Sector Rotation - Which leads today—nearshoring logistics, PRS/PBSA/senior, retail, prime offices, or data centers—and why?
  • Legal Reality Check - Which regulatory or tax hurdles are true deal-killers vs. solvable with structuring?
  • Country Dispersion - Do Poland/Czechia still price tighter than Hungary/Romania/Bulgaria—and is that justified?
Breakout Discussion I 10:30-11:30

Residential Investments Across CEE

Rent, Sell, or Hybrid?

  • Demand & Affordability - Where is depth of demand strongest and how are affordability thresholds shaping PRS rents vs. BTS pricing?
  • Capital Stack - Which senior/mezz/forward-funding structures are bankable for PRS vs. BTS—and at what leverage and spreads?
  • Yield vs. Margin - Do stabilized PRS yields beat BTS gross margins after sales costs and incentives—by market and unit mix?
  • Exit routes - What’s the realistic take-out—stabilized PRS sale, portfolio roll-up, or phased BTS disposals—and who buys?
  • ESG & Compliance - How do EPC/EPBD upgrades impact PRS NOI and BTS pricing—who funds capex and when?
Breakout Discussion I 10:30-11:30

The CEE Retail Playbook

Who’s Expanding, Who’s Exiting?

  • Lease Economics - Are turnover-rent mechanics, indexation, and opex caps shifting—and where are the pain points?
  • Debt & Yields - Who’s lending into retail in 2026, at what LTV/spread/DSCR—and how are yields moving by country/format?
  • Pipeline & Permits - What new retail parks or extensions actually pencil—what pre-lets, costs, and contingencies are bankable?
  • Repurpose & Mixed-use - When does a tired mall become a mixed-use play (living, offices, civic/education) versus a disposal?
  • Country Dispersion - Why do Poland/Romania price differently from Czechia/Hungary/Bulgaria/Baltics—and is the spread justified?
Breakout Discussion I 12:00-13:00

Value-Add & Asset Repositioning

Fix, Flex, or Flip in the CEE Region?

  • Where’s the upside? - Which mispricings signal a viable value-add vs. a value trap—and how do you size the rent/NOI delta?
  • Distress or Dress-up? - How do you separate solvable issues (lease, capex, management) from broken location or obsolescence?
  • Data to Decisions - What analytics (footfall, ESG meters, tenant sales, comfort scores) truly change underwriting?
  • Exit Timing - What’s the credible take-out—stabilized sale, portfolio roll-up, or refi to core/core+—and who’s buying in 2026?
  • Country Calibration - How do Poland/Czechia underwriting hurdles differ from Hungary/Romania/Bulgaria/Baltics for value-add?
Breakout Discussion I 12:00-13:00

Logistics & Light Industrial Strategies

CEE Outperforming the West?

  • Rents & Indexation - Are effective rents still rising after incentives—how are indexation and opex structured by market?
  • Vacancy & Absorption - Where is new supply landing in 2026, and which submarkets will actually absorb it?
  • Spec vs. BTS - When does speculative make sense versus build-to-suit—and what pre-let thresholds de-risk funding?
  • Small-box & Last Mile - Are urban logistics/light industrial parks delivering better NOI growth than big-box—what’s the right mix?
  • Exits & Liquidity - Who are the take-outs—long-income buyers, platform roll-ups, or cross-border portfolios—and on what cap/yield?
Breakout Discussion I 14:00-15:00

Flight-to-Quality in CEE Offices

Upgrade, Convert, or Exit?

  • Spec that Sells - Which specs (air quality, terraces, amenity mix, smart/BMS, EPC A) truly move ERV and reduce incentives?
  • Refurbish vs. Reconvert - What capex scope and payback justify office-to-living/education/hospitality vs. heavy refurbishments?
  • Tenant Leverage - How are indexation, fit-out packages, and rent-free periods evolving—what’s sustainable OCR?
  • Development Pipeline - What’s under construction or permitted through 2026—and will it land into demand or vacancy?
  • Valuation & Exits - Where are prime yields vs. secondary, and who are the take-outs—core/core+, value-add, or local family offices?
Breakout Discussion I 14:00-15:00

Alternative Living Assets

PBSA, Co-Living & Senior Outperforming Traditional Resi in the CEE Region?

  • Demand Map - Where is depth of demand strongest (university hubs, capital cities), and how do affordability thresholds set rent ceilings?
  • Capital Stack - Which senior/mezz/forward-funding/JV structures are clearing for PBSA/co-living/senior—and at what LTV/spreads?
  • Ops That Work - Which lease/licence lengths, services, and staffing models deliver stable occupancy and NOI growth?
  • City Selection - Which submarkets (Warsaw/Kraków, Prague/Brno, Budapest, Bucharest/Cluj, Bratislava, Sofia, Baltics) lead each format?
  • Pricing vs. PRS - How do stabilized yields (PBSA/senior) and margins (co-living) compare with PRS by city?
Closing Talkshow I 15:30-16:30

Debt & Lending Across CEE

  • Who’s lending? – Which local banks, internationals, and debt funds are active now—and how has their risk appetite shifted?
  • Refi at the Wall – Which structures (extend-to-amend, A/B notes, pref equity, NAV/holdco facilities) are rescuing 2024–2026 maturities?
  • ESG to Terms – Do green loans materially improve margin/tenor—what KPIs (EPC, energy intensity, PV) actually count?
  • Liquidity by Sector – How do lenders view logistics, retail parks, offices, PRS/PBSA/senior—who gets credit, who doesn’t?
  • Distress to Deal – When do lenders transact loans vs. work them out—and who’s buying NPLs or sub-performing credits?
Past Events
CEE GRI 2025
CEE GRI 2024
CEE GRI 2023
CEE GRI 2022
CEE GRI 2021
CEE GRI 2019
CEE GRI 2018
CEE GRI 2017
CEE GRI 2016
CEE GRI 2015

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